News

British miner has discovered a high quality 104.73 carat diamond and a 151.52 carat yellow diamond. The discovery from the company’s Letšeng mine in Lesotho follows recent recoveries announced in May of an exceptional 80.58 carat D-colour Type IIa diamond and a 98.42 carat D-colour Type IIa diamond, as well as …

WearCheck has launched an interactive customer application to improve customers’ benefits. According to the oil condition monitoring company the app allows customers to make virtually instantaneous maintenance decisions. Neil Robinson WearCheck, Managing Director says the ground-breaking, highly innovative and revolutionary app has reliable data available while patrolling the factory floor …

PwC Africa’s 14th edition of PwC’s industry series analysing financial performance and global trends – PwC’s Mine 2017 report has painted a positive outlook for the mining industry. This comes at the backdrop of bolstered balance sheets and a return to profitability in 2016, giving mining companies much-needed space to …

Redpath Mining South Africa has recently completed reaming of a 7.3 m diameter hole at Sasol’s Impumelelo Mine, the largest diameter hole reamed to date in Africa Johan Davel, Redpath Mining General Manager of Raiseboring said the reaming performance of the Redbore 90EX surpassed the company’s expectations “Achieving optimal accuracy …

De Beers Group’s Forevermark diamond brand has inscribed its two millionth diamond. According to the group, the diamond is a 3.48 carat round brilliant and bears the unique inscription of ‘2,000,000’. “The diamond was mined, cut and polished in Namibia and inscribed at the Forevermark Diamond Institute in Surat, India. …

Partnership Africa Canada’s (PAC) first responsible and conflict free artisanal gold supply chain is now operational in Eastern Congo’s Just Gold project. The global leader in developing innovative approaches to strengthen natural resource governance said Just Gold project is the first to successfully trace conflict-free and legal artisanal gold from …

Otjikoto operation is fulfilling its purpose as B2Gold’s African dream asset after delivering record production volumes in 2016 – with similar expectations on the cards. Triple-listed international gold miner B2Gold Corp. (B2Gold) is celebrating record production volumes (and process plant recoveries) at its Namibia-based open cast Otjikoto operation – well …

Weatherly’s Ongopolo Mining Limited has rescheduled repayments for the various trenches of debt finances, extended to the company by Orion Mine Finance. The companies have agreed to defer repayment of Ongopolo’s Facility B loans to 30 June 2017 while the final maturity date remains unchanged at 29 February 2020, though …

Bannerman Resources Limited developers of Etango Mine have reported a successful first quarter positioning the company to improve Namibia’s uranium sector outlook. The company says has continued its solid progress over another successful quarter, culminating in commencement of Definitive Feasibility Study (DFS) update to gauge the capital and operating cost …

Konecranes has completed acquisition of Terex MHPS trading as Demag Cranes, Hoists, Material Handling and Ports Solutions. According to the company the acquisition will improve Konecranes’ position as a focused global leader in the industrial lifting and port solutions market, as the two crane brands share their considerable combined knowledge …